Abbott Laboratories · ABT · FY2025 Q3 · Calendar Q4 2025

Abbott’s new products support growth, while China diagnostics remain a risk

The transcript analysis supports a constructive view of Abbott’s growth trajectory: medical devices and a broad new-product pipeline are offsetting pressure in China diagnostics and other challenged areas. The evidence for durability is strong but depends on product launches, CGM adoption, reimbursement, and the expected recovery in China diagnostic volumes.

Reported Before market openNYSEHealthcare $173.21B market cap
100quality score

Earnings scorecard

Reported versus consensus
Reported EPS $1.30 Consensus $1.30
EPS surprise 0.0% Reported versus consensus
Reported revenue $11.37B Consensus $11.39B
Revenue surprise -0.2% Reported versus consensus

Market reaction

prior-close to event-session close
Stock move -2.9% Event window
SPY move +0.4% Same window
Abnormal move -3.3% Stock minus SPY
Volume 2.5× Versus trailing sessions
Subsequent drift -0.5% Up to 20 sessions
ABTSPY benchmark

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Transcript intelligence

What changed

The latest analysis points to 7.5% organic sales growth, 12.5% Medical Devices growth, and approximately $5 billion of sales from new products. It also adds a planned US Volt launch, a new low-sugar Glucerna formula, international regulatory progress, and an AI-imaging software acquisition, while maintaining guidance sentiment.

Guidance delta

Maintained; management expressed confidence in delivering consensus growth for 2026.

Key takeaways

  • Organic sales grew 7.5% year over year, led by 12.5% growth in Medical Devices.
  • New products generated approximately $5 billion in sales and added more than 100 basis points to organic growth.
  • Management expects China diagnostic headwinds to subside, with volume recovery starting in Q4.
  • The near-term pipeline includes Volt, Packlex Duo, Alinity N, biosimilars, and structural-heart programs.
  • The transcript analysis describes management as confident about meeting consensus growth for 2026.

Management priorities

  • Launch Volt PSA catheter and Packlex Duo in the US.
  • Expand Libre CGM penetration and continue product rollouts in diagnostics and biosimilars.
  • Advance pivotal trials for mitral-valve replacement, IVL, and lactate-sensor programs.
  • Develop nutrition products and integrate AI imaging software into interventional cardiology workflows.

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Earnings History

Estimate Beat Miss Match
ABT EPS earnings history estimate and actual scatter chart 9 reported fiscal quarters and 4 future estimate-only quarters. Q1 '24 estimate $0.95 Q1 '24 actual $0.98, beat Q2 '24 estimate $1.10 Q2 '24 actual $1.14, beat Q3 '24 estimate $1.20 Q3 '24 actual $1.21, match Q2 '25 estimate $1.26 Q2 '25 actual $1.26, match Q3 '25 estimate $1.30 Q3 '25 actual $1.30, match Q4 '25 estimate $1.50 Q4 '25 actual $1.50, match Q1 '26 estimate $1.14 Q1 '26 actual $1.15, match Q2 '26 estimate $1.28 Q2 '26 actual $1.31, beat Q3 '26 estimate $1.42 Q4 '26 estimate $1.64 Q1 '27 estimate $1.28 Q2 '27 estimate $1.45
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Analyst Consensus ?

ConsensusBuy42 ratings
Bullish3378.6%
Neutral921.4%
Bearish00.0%

Analyst 52W Price Targets

$100.1Previous close
$24.01Low
$128.62Average
$158High

Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Oct 6, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
Rothschild & Co Buy NeutralUpgradeOct 2, 2026
TD Cowen Buy BuyMaintainSep 8, 2026
Citigroup Buy BuyMaintainAug 14, 2026
Wolfe Research Outperform Peer PerformUpgradeAug 13, 2026
UBS Buy BuyMaintainJul 28, 2026
Show 37 more rating actions

Named analyst price targets

Upside is calculated against the persisted previous close $100.1. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
Redburn PartnersEd Ridley-Day$127$96.71 +26.9%Oct 2, 2026
Wolfe ResearchAnalyst unavailable$130$110.92 +29.9%Aug 13, 2026
UBSPatrick Wood$125$108.84 +24.9%Jul 28, 2026
Benchmark Co.Analyst unavailable$120$100.67 +19.9%Jul 20, 2026
Piper SandlerAnalyst unavailable$118$98.82 +17.9%Jul 17, 2026
See 70 more

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Company context

Snapshot as of publication

Abbott Laboratories, along with its affiliated entities, is a global healthcare enterprise dedicated to the research, development, manufacturing, and worldwide distribution of a diverse portfolio of health solutions. The company operates through four primary divisions: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. In the Established Pharmaceutical Products segment, Abbott provides generic medications designed to treat a wide array of conditions, including pancreatic exocrine insufficiency, irritable bowel syndrome or biliary spasm, intrahepatic cholestasis or depressive symptoms, gynecological disorders, hormone replacement therapy, dyslipidemia, hypertension, hypothyroidism, Ménière's disease and vestibular vertigo, pain, fever, inflammation, and migraine. This segment also supplies the anti-infective clarithromycin, influenza vaccines, and products aimed at regulating colon physiology. The Diagnostic Products division offers a comprehensive suite of diagnostic tools.…

Historical context

All ABT earnings

Healthcare peers this season

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Latest beats and misses

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Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
  3. Polygon adjusted daily market bars · 2026-10-06T06:40:42.319669+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-06T06:40:42.316823+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-10-06. For educational purposes only; not investment advice.